ERJ staff report (DS)
Villejust, Paris -- Eliokem has announced further price increases for its Pliocord range of Latices, effective October 1st 2008.
The company said its vinyl pyridine (VP) latices will rise by up to five percent, while SBR latices face an increase of up to 30 percent.
The price increase is required by the continuous escalation of raw materials costs. Eliokem said, "Butadiene monomer supply in Europe is still fairly constrained whereas prices in the United States and Asia are reaching unprecedented peak records."